Marine mortgage!! Are you daft. Seen their APR's? The bank will finance a boat at a 1/3 of their APR.... if you've been a good boy that is.
I'd put 50k towards the boat. But you know how I feel about this. If you want to pay the massive overheads of what the market considers desirable, as opposed to true worth, go right ahead, but with 50k you can get a cracking boat without going to the bank for a loan. Just put in the leg work and lots of it, travel and dont be afraid to barter like hell. It's your bucks, not theirs, if they want it they must deal with you.




